Planning and preparing for something is essentially one of the most important steps you must take when you want to succeed at something, especially in commercial real estate. For this episode, I wanna share with you some of the lessons that I took away from a recent interview Tim Ferriss had with Jerry Seinfeld.
[00:01 – 02:58] Opening Segment
I talked about valuable information that you can take advantage of in this episode Tim Ferris and Jerry Seinfled’s interview[02:59 – 10:56] Lessons from Jerry Seinfeld
Having a system and discipline on a daily basis to follow these systems A recap on the concept of what you believe in investing Concept of highest and best use Taking the time to do your research on the market[10:57 – 21:12] The Concept of An Operating System
3 main things of an operating system in real estate Identify the Target Plan Have systems in place The definition of success in commercial real estate More takeaways from Jerry Seinfeld’s interview with Tim Ferriss[21:13 – 22:33] Closing Segment
Final thoughts
Tweetable Quotes:
“To survive as a real estate investor, you need to be looking at properties constantly.” - Shane Melanson
“The more preparation, and the more work that you put in up front, the more you’ll be able to accelerate your investing and avoid any of the major pitfalls that new investors really fall victim to.” - Shane Melanson
“Survival is the new success. In the world of commercial real estate, it is all about survival. And that generally means avoiding mistakes.” - Shane Melason
Resources Mentioned:
Tim Ferriss and Jerry Seinfeld Interview
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